Tuesday, 14 April 2015

1pm update - underlying strength

US equity indexes have largely turned positive, with the sp'500 set for a net daily gain in the 2100s. VIX is naturally cooling, -1.6% in the 13.70s. Metals remain weak, Gold -$7. Oil has built sig' gains of 2.8%..  but will be highly vulnerable into the net set of inventory reports.



So... we're already almost back into the sp'2100s. New historic highs >2119, look due in the immediate term.

There is little else to be noted... in what remains a powerfully strong market.

notable strength: XOM +2.2%... the oil giants are looking super strong today.

stay tuned